国补第二阶段资金7月恢复继续！官方重申全国统一截止时限：2025年12月31日

Core Viewpoint - The national subsidy policy for consumer electronics and vehicles is set to continue until December 31, 2025, with a new allocation of 138 billion yuan starting in July, aimed at enhancing consumer spending and market stability [1][3]. Group 1: Subsidy Policy and Implementation - The national subsidy policy will not end prematurely, as confirmed by the National Development and Reform Commission and the Ministry of Finance [1]. - The second batch of funding, amounting to 138 billion yuan, will be released starting in July, marking a transition in the subsidy strategy [3][6]. - Consumers can access subsidies through specific search terms on the JD app, such as "家电省2000" for home appliances and "手机省500" for mobile devices [1][3]. Group 2: Market Dynamics and Challenges - The rapid consumption of the initial 300 billion yuan subsidy pool, with over 150 billion yuan depleted in just five months, highlights the high demand for these subsidies [3]. - The emergence of black market activities, where technical means are used to exploit subsidy coupons, has led to stricter verification measures being implemented [3]. - The overlap of the subsidy program with major sales events like "618" has resulted in significant price reductions, with some products seeing discounts exceeding 40% [3]. Group 3: Regional Implementation and Strategies - Different regions have specific timelines and strategies for reintroducing subsidies, with varying categories of products eligible for support [3][4]. - For example, in Chongqing, subsidies for a wide range of products, including home appliances and vehicles, will be available starting July 1 [3]. - Consumers are advised to act quickly, as the funding is expected to be consumed rapidly, with warnings of potential shortages in high-demand categories [5][6]. Group 4: Consumer Guidance and Best Practices - Consumers are encouraged to use the JD app's historical search feature to improve their chances of securing subsidies [5]. - Important verification steps include ensuring invoices are in the individual's name and capturing product serial numbers upon delivery [5]. - The urgency of utilizing the subsidies is emphasized, as the remaining budget is projected to be less than 30% by late summer [6].